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Food Lion Will Renovate 105 Stores, Expand Assortments In 2018

Food Lion will invest $168 million to remodel 105 stores in the greater Norfolk, Va., market in 2018.…

News May 8
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Oracle Partners With WorkForce For Scheduling Solutions

WorkForce Software scheduling solutions will now be available to Oracle Human Capital Management (HCM) Cloud customers, allowing these…

News May 8
Mergers and acquisitions

Fred’s Sells Specialty Pharmacy Business To CVS After CEO Departs

Fred’s is selling assets of EntrustRx, its specialty pharmacy unit, to a subsidiary of CVS Health for $40 million…

News May 8
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BorderX Lab Raises $20M To Expand Shopping App Beyond China

Technology-enabled e-Commerce company BorderX Lab has raised $20 million in a financing round led by Kleiner Perkins. The…

News May 8
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Nestlé To Sell Starbucks Coffee Globally In $7.2B Deal, But Concerns Are Brewing

Starbucks will provide Nestlé with the right to distribute its coffee and tea products in a deal valued…

News May 7
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Alibaba Boosts Revenue 60% In FY2018, Grows User Base

Alibaba reported a 60% increase in revenue from its core commerce operations during FY 2018, reaching approximately $34.1…

News May 7
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Report: NAFTA Exit Could Cost Retailers $15.8 Billion Through 2020

If the U.S. withdraws from the North American Free Trade Agreement (NAFTA), it could cost retailers a combined…

News May 7
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Bill Brand

Clarus Appoints HSN Veteran To Its Board

Clarus Commerce has named former HSN President Bill Brand to its Board of Directors. He will help Clarus…

News May 7
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Mystery Shopping Results Revealed At #RIC18: Sephora, Adidas, Sunglass Hut Get High Marks

In the weeks leading up to the Retail Innovation Conference — held in New York City on April…

News May 7
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